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Commodities Briefing - Categorized | Agriculture, Energy more

Tough times ahead for the biodiesel sector

Posted on 12 March 2012

Reporting a drop in earnings at its agricultural products division, a relatively small part of its business, the commodity trading giant noted it was seeing a “negative biodiesel production margin environment in Europe.”
In response, the company said it last year cut its biodiesel production volumes by 32pc against 2011 and mothballed its Schwarzheide plant in Germany. “The outlook in Europe remains challenging,” was the less than cheery conclusion………………………………………..Full Article: Source


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